Samsun only leases 1 ship from GNK, a Supramax ship. I am not going to worry about this. It is good this news is brought to our attention but the affect is 1 ship that may be leased to someone else or goes on SPOT.
Here's the info on the ship that is leased according to the Jan.27th Investor Presentation report.
Charterer-(Samsun Logix) Supramax Ship -(Genco Cavalier) Cash Daily Rate-(48,500) Net Daily income from that ship -(47,700) Contract ends -(July 2010)